Chris Barker Livestock Ltd

Other

Funds raised

£48,000.00

Final AER

16.86%

Loan term

60 MONTHS

Deadline

2013-07-01

Recovery News
This loan may be behind with its repayment schedule and so microloan trading has been suspended while we work to help the business recover its repayment form. Please see the Loan Updates tab for recent updates.

About the Business

Company Name: Chris Barker Livestock Ltd Company Number: 05332468
Business Type: Other Years Trading: 6-10 years
Business Location: Scarborough

About the Risk

Risk rating

B

Default rate

7.10%

Bad debt rate

5.84%

About the Security

Security Offered:

Personal Guarantee - PG from Christopher Barker

Est. Equity: 0.00

Risk Indicators Identified:

Important Files

Who are we?

Chris Barker Livestock Ltd is a family run business that buys cattle and sheep and supplies to wholesalers and abattoirs around the UK. It also breeds sheep and cattle to farm independently. The company has been running since 2004 and is now expanding into the import / export market.

Read more

Loan Offers

What is the loan for?

To bring the running cost down on the business’ overdraft as it looks to move into new markets and consolidate its position as a meat supplier of integrity. After the horsemeat scandal, traceability has become one of the most important aspects of the meat trade and high quality British reared meat will become more valuable to the consumer and those in the supply chain.

Why consider investing?

The business sells good quality stock into growing markets, including the Halal meat market. It also plans to begin chicken farming imminently, further increasing revenue and profit opportunities for the business. However, it has been brought to our attention that a number of county court judgements have been issued against this borrower in January 2014.

DateAmountCapitalInterestReceived
25/06/2013£1,189.31£514.91£674.40 (31 days late)
25/07/2013£1,189.31£522.15£667.16 (40 days late)
25/08/2013£1,189.31£529.48£659.83 (40 days late)
25/09/2013£1,189.31£536.92£652.39 (30 days late)
25/10/2013£1,189.31£544.47£644.84 (31 days late)
25/11/2013£1,189.31£552.12£637.19 (32 days late)
25/12/2013£1,189.31£559.87£629.44 (33 days late)
25/01/2014£1,189.31£567.74£621.57 (31 days late)
25/02/2014£1,189.31£575.72£613.591973 days overdue
25/03/2014£1,189.31£583.81£605.501945 days overdue
25/04/2014£1,189.31£592.01£597.301914 days overdue
25/05/2014£1,189.31£600.33£588.981884 days overdue
25/06/2014£1,189.31£608.76£580.551853 days overdue
25/07/2014£1,189.31£617.31£572.001823 days overdue
25/08/2014£1,189.31£625.99£563.321792 days overdue
25/09/2014£1,189.31£634.78£554.531761 days overdue
25/10/2014£1,189.31£643.70£545.611731 days overdue
25/11/2014£1,189.31£652.74£536.571700 days overdue
25/12/2014£1,189.31£661.92£527.391670 days overdue
25/01/2015£1,189.31£671.22£518.091639 days overdue
25/02/2015£1,189.31£680.65£508.661608 days overdue
25/03/2015£1,189.31£690.21£499.101580 days overdue
25/04/2015£1,189.31£699.91£489.401549 days overdue
25/05/2015£1,189.31£709.74£479.571519 days overdue
25/06/2015£1,189.31£719.71£469.601488 days overdue
25/07/2015£1,189.31£729.82£459.491458 days overdue
25/08/2015£1,189.31£740.08£449.231427 days overdue
25/09/2015£1,189.31£750.48£438.831396 days overdue
25/10/2015£1,189.31£761.02£428.291366 days overdue
25/11/2015£1,189.31£771.71£417.601335 days overdue
25/12/2015£1,189.31£782.56£406.751305 days overdue
25/01/2016£1,189.31£793.55£395.761274 days overdue
25/02/2016£1,189.31£804.70£384.611243 days overdue
25/03/2016£1,189.31£816.01£373.301214 days overdue
25/04/2016£1,189.31£827.47£361.841183 days overdue
25/05/2016£1,189.31£839.10£350.211153 days overdue
25/06/2016£1,189.31£850.89£338.421122 days overdue
25/07/2016£1,189.31£862.84£326.471092 days overdue
25/08/2016£1,189.31£874.96£314.351061 days overdue
25/09/2016£1,189.31£887.26£302.051030 days overdue
25/10/2016£1,189.31£899.72£289.591000 days overdue
25/11/2016£1,189.31£912.36£276.95969 days overdue
25/12/2016£1,189.31£925.18£264.13939 days overdue
25/01/2017£1,189.31£938.18£251.13908 days overdue
25/02/2017£1,189.31£951.36£237.95877 days overdue
25/03/2017£1,189.31£964.73£224.58849 days overdue
25/04/2017£1,189.31£978.28£211.03818 days overdue
25/05/2017£1,189.31£992.03£197.28788 days overdue
25/06/2017£1,189.31£1,005.97£183.34757 days overdue
25/07/2017£1,189.31£1,020.10£169.21727 days overdue
25/08/2017£1,189.31£1,034.43£154.88696 days overdue
25/09/2017£1,189.31£1,048.97£140.34665 days overdue
25/10/2017£1,189.31£1,063.71£125.60635 days overdue
25/11/2017£1,189.31£1,078.65£110.66604 days overdue
25/12/2017£1,189.31£1,093.81£95.50574 days overdue
25/01/2018£1,189.31£1,109.17£80.14543 days overdue
25/02/2018£1,189.31£1,124.76£64.55512 days overdue
25/03/2018£1,189.31£1,140.56£48.75484 days overdue
25/04/2018£1,189.31£1,156.58£32.73453 days overdue
25/05/2018£1,189.31£1,172.83£16.48423 days overdue
Total:£48,000.00£23,358.60